The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1887-07-29
FOR YOUNG FARMERS.

x00 hlm0 OF CopeSot Wnten II W Oft0 AOK0
Than Mossy or Lands.
'Many estates are spent in the get
ting" Franklin says. and one often
sees, nowadays. some indulgent father
undertaking to give his son a start as =
farmer by the most lavish expenditures
for lands, buildings. stock. implements,
drainage. etc. This excites the envy
Of the friends Of another young man
who wishes to become a farmer. and
they groan because he has no capital.
Henry Colman said he heard this pite-
Gus wall SO often that he wondered
what signal calamity had befallen this
young man that he should be thus held
up rs the victim Of misfortune.
He has ordinary talents and capacity
for labor; he has health and strength;
he has enjoyed and improved the al
vantages Of useful education; he has
acquired or Is in the way Of acquiring
. respectable and good trade; he is not
the slave Of any bad habits, and. above
all things, his character is good and no
has lived without reproach. Because
he has no moneyed capital you choose
to pity him. Now. 1 entreat you. re-
serve your compensation for some moro
worthy object He does not demand
your pity half 50 much A. your con-
graduation. He is much more an OBJ
ject Of envy than Of pity. but he hos
NO capital" Now what's capital? In
respect to trade. or the business Of
acquiring wealth, capital is tho
means or instrument of acquisition
and accumulation. and is gener-
ally applied to the money or property
ON hand not required to be consumed
for immediate subsistence. but which
We can use or apply for the purposes Of
begetting more. In An agricultural
view. land which we may render pro-
ductive by cultivation. or the seed
which we cast into the ground. and
which under favorable circumstances
of situation. season and culture. will
multiply and return to Us very often .
hundred or a thousand fold. is capital
In commercial view capital is prop
erly beyond the wants Of immediate
subsistence. which you can invest in
goods or articles Of trade. and hold
them in your possession until under
favorable circumstances you can sell.
or exchange, and realize the profits Of
such adventure.
Habits Of industry, frugality and CT.
setneSs will secure, establish and in
crease his credit to all the extent he
should desire. and give him the com
mand of the property Of Others All
this. then, is capital-capital Of tho
best kind. A purely monied capital
may pass away from him by thousand
contingencies; but this other moral
capital is under his own control. secure
from all the fluctuations and vicissi-
tudes of trade and business. and never
can be taken from him without his own
consent
To say Of a young man, therefore.
coming into life with health, strength.
capacity for labor, q good education.
habits of sobriety and frugality. and.
shove all. a good and unsullied char
acter, that he has no capital is grosa
absurdity and error. He has the best
of all capital. a moral capital and
noblest of all power. moral power; ho
has the most certain means OF honese
snd honorable accumulation of fortune.
and may be sure. under circumstances
ordinarily propitious. to rise to that
competency Of influence, respect and
general confidence. and that honora-
Bile measure of wealth and indepenA.
ence, which should fully satisfy rea-
sonable and virtuous ambition.-Beae
Hsrlev Poore, - american Csigirafes.